Sovereign CDS spreads continue to fall after volatile week

market volatility

Debt protection costs across Europe's peripheral countries fell for the third consecutive day today, according to data from financial information provider Markit.

Sovereign credit default swap (CDS) spreads for the so-called PIIGS (Portugal, Ireland, Italy, Greece and Spain) nations reached a high-water mark for the week on Tuesday November 30, before bond market concerns were dampened by an announcement on the same day by European Central Bank (ECB) president Jean-Claude Trichet, which confirme

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: